Business

Challenges and opportunities stand for 2025 outlook for U.S. economy amid new policies

By Sung Won Sohn The author is professor of finance and economics at Loyola Marymount University and president of SS Economics. He was executive vice...

Only 28% of aspiring homebuyers successfully secured a home last year

Amid rising interest rates and soaring home prices, fewer than three in ten prospective buyers succeeded in purchasing a home last year. According to a...

CJ Olive Young moves into LA, kicking off U.S. K-Beauty expansion

CJ Olive Young, the distribution unit of food-to-cosmetics conglomerate CJ Group, has set up shop in the United States as part of its offline...

Korean Air considers 1:1 mileage transfer for Asiana flyers after merger

Customers who have earned Asiana Airlines miles by flying the airline may be able to convert them to Korean Air miles at a one-to-one...

Extensive graffiti covers high-rise building in Koreatown while under renovation

A high-rise building in Los Angeles Koreatown has been vandalized with extensive graffiti. The exterior walls of the Los Angeles County Department of Mental Health...

New Asiana Airlines head of U.S. office promises more seats available for miles exchange

Kitaek Kang, the newly appointed head of Asiana Airlines' U.S. division, officially took office in Los Angeles on January 28, marking the first major...

Trump will pursue complete denuclearization of North Korea, says White House

U.S. President Donald Trump will pursue the "complete denuclearization of North Korea," a White House official said Tuesday, amid questions over whether Trump's recent...

North Korean soldier found with Samsung phone by Ukrainian forces

A North Korean soldier deployed to Russia who was reportedly killed by Ukrainian forces was found with a cell phone manufactured by South Korean...

Scammer drains $38,000 from victim’s bank account using eSIM swapping scam

Justin Chan, a California resident, recently fell victim to a sophisticated scam known as eSIM swapping, losing $38,000 in the process. According to a...

Over 350 California financial institutions agree to offer mortgage relief for LA County wildfire victims

More than 350 financial institutions in California are stepping up to provide mortgage relief to residents affected by the recent wildfires in Los Angeles...